Volex Share Discussion Threads

[owenski] 26/6/2024 07:41

Data centre growth 131% not 141%???

"Data Centre customers are reported within Complex Industrial Technology and represented 41.7% (FY2023: 21.2%) of revenue in this sector. The revenue in this sub-sector increased by 131% year-on-year, partly due to prior year shortages of up-to-date network equipment essential to support the adoption of 400 Gigabit-per-second architecture in data centres."

[tulley1] 26/6/2024 07:37

Yep, data centres are the big drivers for this business.

[ijamlon] 26/6/2024 07:20

One interesting line is the 141% data centre growth, including higher AI data related demand

[rimau1] 26/6/2024 07:06

Great results, i have it as a small beat, house broker was $900m and 32c eps

[simmsc] 26/6/2024 02:28

How well Volex handled COVID, the reliability of this firm and the consistent growth shown, the diversification (low risk) is offers, this stock deserves a higher rating. A pe of 12 for next year is the wrong price. Good to see a rise in a wobbly\weak market today. The low rating is starting to unwind.

[ijamlon] 25/6/2024 21:43

It did !! :-))

[johndoe23] 25/6/2024 19:15

Amphenol must have bounced lol

[rimau1] 25/6/2024 16:01

Price went up at 14:30 today lol always a nice sign when the price rises the day before results, hoping for a bullish outlook statement fingers crossed

[johndoe23] 24/6/2024 16:15

Ah I see, thanks for the info

[ijamlon] 24/6/2024 16:12

John you made a similar observation a month ago. At exactly 14:30 the US market opens, and people do these global basket trades . Amphenol, the largest US player in the same sector sold off at the open. Possibly the copper price is weighing in investors minds

[johndoe23] 24/6/2024 15:00

Something happened at 1430, plethora of sells

[ijamlon] 21/6/2024 06:34

Thanks, let's see if it works again - we've already had about 4% in the first half of the lead-up. When you have a consistent grower in a dead market, this kind of fits-and-starts share price performance is sometimes what you get. Amazing to think the price is roughly unchanged since early 2021, a period during which operating profits have almost doubled. That's why Buy and Hold VLX will also be a very worthwhile approach alongside any trading imo.

[belluci] 20/6/2024 22:11

Nice insight I'm going to check this out.

[johndoe23] 20/6/2024 10:04

Break 350 should be a nice run to 400p

[ijamlon] 20/6/2024 09:34

They rarely disappoint, one of my most reliable trades on AIM.Buy Volex 10 days before its earnings release (the news sometimes seems to start leaking after that) then sell it 20 trading days after results (when it often gets sucked into the general UK stockmarket malaise). Why wait 20 days? The short-term traders take profits quickly which keeps a lid on the immediate gains, then the fundamental investors often give it a second leg once the brokers have done their analysis. Over the last ten earnings releases this has made money nine out of ten times, with an average return per release of 10.6% a compound return over 2.5 years (though only needing ten month cash invested) of around 120%. Over a long historical period the gains are even greater though it was a different company then.

[allstar4eva] 20/6/2024 08:58

350 has to go soon

[pcok] 19/6/2024 15:23

26th results day should propel the share price if all the ducks line up. Might be a good dip to buy on.

[johndoe23] 19/6/2024 15:12

Can't break 350

[allstar4eva] 19/6/2024 12:03

This feels like it will make a surge soon..

[cboney] 18/6/2024 12:09

UK car companies will go all out of business

[igoe104] 18/6/2024 09:56

Labour government should be good for VLX as they are banning the sale of petrol and diesel cars from 2030, so UK car companies will go all out for electric vehicles...

[foreverbull] 13/6/2024 18:12

Thanks a ton friend! Indeed, it did manage to go over c350 level but struggled to stay there.

[allstar4eva] 13/6/2024 11:43

The chart shows resistance at the 340-350 level. After that there is a recent high (last 3 years) of 490 to go for which was last achieved in 2021.

[foreverbull] 13/6/2024 09:44

Would you care to provide some insights from the long term chart pleaseThanks

[johndoe23] 13/6/2024 08:30

Let's hope so!